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Table 4 Post-shock equilibrium and fixed wage outcome level change

From: Assessing post-harvest labor shortages, wages, and welfare

σ Output Price Pre emp. Pre wage Post emp. Post wage
(mil. Lbs) ($/lbs) (ones) ($/h) (ones) ($/h)
Pome
 0.7 − 518.91 0.22 − 6798.17 − 0.78 − 292.88 − 0.42
 1.1 − 493.79 0.21 − 6715.73 − 0.78 − 376.42 − 0.55
 1.5 − 431.91 0.19 − 6622.90 − 0.78 − 431.46 − 0.63
Prunus
 0.7 − 179.90 0.30 − 2343.16 − 0.78 − 14.02 − 0.42
 1.1 −171.89 0.29 − 2298.44 − 0.78 − 45.32 − 0.55
 1.5 − 150.36 0.25 − 2258.15 − 0.78 − 76.04 − 0.63
  1. Notes: es = 0.73, eu = 3.37, 5.4% final demand shock, and − 7% pre-harvest labor supply shock